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American Civil Liberties Union Foundation
Charitable Gift Annuity
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A Gift Plan That Pays An Annuity For LifeDisclosure Statement
Revised June 30,2006TABLE OF CONTENTS
Page
ACLU FOUNDATION DISCLOSURE
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How to fill out charitable gift annuity disclosure
How to fill out charitable gift annuity disclosure
01
Obtain the charitable gift annuity disclosure form from the relevant organization or institution.
02
Fill in your personal information such as name, address, and contact details.
03
Provide details of the charitable gift annuity including the amount of the gift, the age of the annuitant, and the payout rate.
04
Sign and date the disclosure form to acknowledge that you have read and understood the terms and conditions of the charitable gift annuity.
05
Submit the completed disclosure form to the organization or institution offering the charitable gift annuity.
Who needs charitable gift annuity disclosure?
01
Individuals who are interested in making a charitable gift while receiving fixed payments for life.
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What is charitable gift annuity disclosure?
Charitable gift annuity disclosure is a legal requirement to inform donors about the terms and financial implications of a charitable gift annuity, ensuring transparency and understanding before a donor commits to making a gift.
Who is required to file charitable gift annuity disclosure?
Organizations that offer charitable gift annuities are required to file disclosures. This typically includes charitable organizations and nonprofits that set up these financial arrangements.
How to fill out charitable gift annuity disclosure?
To fill out a charitable gift annuity disclosure, an organization must provide detailed information about the annuity terms, payout rates, potential tax implications, and the organization's financial stability, usually in a standardized format.
What is the purpose of charitable gift annuity disclosure?
The purpose of charitable gift annuity disclosure is to protect donors by providing them with clear and comprehensive information about the annuity, allowing them to make informed decisions about their charitable contributions.
What information must be reported on charitable gift annuity disclosure?
The disclosure must report information including the annuity's payout rates, actuarial value, risks involved, the organization's financial stability, and any fees associated with the annuity.
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